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Tag: corporate taxes

EU’s plans to tackle corporate tax avoidance hits first roadblocks

Friday, February 12, 2016 10:01 amFriday, February 12, 20165 Comments

New rules to tackle multinationals’ tax avoidance should not go beyond the scope of international guidelines…

Putin’s new internet czar wants to force apple to pay more taxes

Tuesday, February 9, 2016 8:25 am17 Comments

In a 90-minute interview peppered with expletives, Klimenko said forcing Apple to pay more taxes…

U.S. Treasury official to meet EU antitrust team over Apple tax deals

Friday, January 29, 2016 9:10 am12 Comments

A senior U.S. Treasury official will meet European Union antitrust officials investigating tax deals…

Apple and Google stand by Europe tax deals; Rupert Murdoch weighs in

Wednesday, January 27, 2016 4:22 pm23 Comments

Google and Apple have fought back in the row over the big tech groups’ tax regimes…

Apple could trigger global tax war, potential breakdown of the international tax system

Wednesday, January 27, 2016 2:44 pmWednesday, January 27, 201631 Comments

Apple could soon be instructed to pay billions, triggering a showdown between Europe and the US and a potential breakdown of the international tax system…

Apple’s new iOS center in Naples raises eyebrows

Tuesday, January 26, 2016 1:01 pmTuesday, January 26, 201610 Comments

Apple has announced the founding of its first European center for the development of iOS software in the southern city of Naples…

Apple CEO Cook lobbies EU antitrust chief over Irish back taxes

Thursday, January 21, 2016 3:43 pm16 Comments

Apple boss Tim Cook made a surprise visit to Brussels on Thursday to lobby the EU’s antitrust chief…

Apple opening Europe’s first iOS app development center in Italy

Thursday, January 21, 2016 10:45 am1 Comment

Apple today announced the creation of Europes first iOS App Development Center in Italy…

Apple may face $8 billion bill for back taxes after European Commission probe

Friday, January 15, 2016 8:28 amFriday, January 15, 201626 Comments

Apple Inc. may be facing a hefty tax bill in Europe…

Apple to pay $348 million to settle Italy tax fraud case

Wednesday, December 30, 2015 8:34 am21 Comments

Apple’s Italian subsidiary has agreed to pay €318m (£235m; $348m) following an investigation into tax fraud allegations…

Australian tax office explicitly names Apple among huge list of companies that practice tax avoidance

Thursday, December 17, 2015 8:35 amThursday, December 17, 201532 Comments

Australian tax authorities on Thursday took the unprecedented step of publishing the records of hundreds of companies…

Think Ireland’s corporate tax is unfair? Wave goodbye to Apple and thousands of jobs if it’s changed

Saturday, November 14, 2015 2:30 pmSaturday, November 14, 201545 Comments

It is fascinating to watch left wing ideologues and simple minded idiots (though I repeat myself) gleefully call for the Irish nation…

Apple announces 1,000 new jobs in Ireland as EU tax ruling nears

Wednesday, November 11, 2015 3:56 pmWednesday, November 11, 201511 Comments

“You can tell by our announcement today, we’re all in,” Chief Executive Tim Cook said…

Carl Icahn’s political campaign could boost value of his Apple holdings

Wednesday, October 21, 2015 4:04 pmWednesday, October 21, 20158 Comments

The plan of Carl Icahn to spend $150 million in campaign money touches on the hottest debate…

EU demands millions in back taxes from Starbucks and Fiat; sets up showdown with Apple

Wednesday, October 21, 2015 8:57 am21 Comments

Starbucks Corp. and a Fiat Chrysler Automobiles NV unit must each pay as much as 30 million euros…

Apple tax probe won’t hurt Ireland, Finance Minister Noonan says

Monday, October 5, 2015 4:55 pmMonday, October 5, 2015No Comments

The findings of a probe into Apple Inc.’s tax affairs in Ireland won’t hurt the country…

These 5 U.S. tech companies are sitting on $430 billion in cash

Thursday, May 14, 2015 2:27 pmThursday, June 18, 201522 Comments

Reserves of $430.3 billion, the vast majority of which were held overseas…

Australia to crack down on alleged tax avoidance by Apple, other multinationals

Monday, May 11, 2015 8:22 am24 Comments

The Australian government on Monday announced a world-leading crackdown…

EU’s Vestager says will not complete tax inquiries of Apple, others in second quarter

Tuesday, May 5, 2015 8:28 amTuesday, May 5, 20155 Comments

European Competition Commissioner Margrethe Vestager said on Tuesday…

Apple may have to pay Ireland 10 years of back taxes

Thursday, April 30, 2015 11:28 am47 Comments

This week, in a regulatory filing, Apple said that if the EC comes back…

Apple warns of potential ‘material’ financial damage from European tax probe

Wednesday, April 29, 2015 2:58 pmThursday, April 30, 201524 Comments

Apple has warned investors that it could face ‘material’ financial penalties…

Apple to Australian gov’t: ‘Apple pays all the taxes it owes’

Wednesday, April 8, 2015 3:01 pmWednesday, April 8, 201538 Comments

Apple Australia chief Tony King has vehemently rejected suggestions…

Apple has quietly doubled its Reno data center site

Tuesday, March 31, 2015 9:39 pmWednesday, April 1, 20159 Comments

Apple has greatly expanded its data center near Reno, Nevada, about four hours…

Italian prosecutors wrap up tax probe into Apple, sources say

Tuesday, March 24, 2015 8:28 am3 Comments

These new allegations are completely without merit, Apple says…

Arizona House OKs tax credits and exemption for Apple data center

Wednesday, February 25, 2015 9:56 amWednesday, February 25, 201517 Comments

The House approved a bill Tuesday that expands a $5 million sales tax credit and also exempts Apple’s facility from sales taxes on electricity or natural gas…

The secret life of Apple’s Arizona tax breaks

Wednesday, February 18, 2015 5:43 pm9 Comments

Apple Inc. is poised to get millions of dollars in tax breaks…

UK wants Apple and other multinationals to pay more in taxes

Wednesday, December 3, 2014 4:01 pmWednesday, December 3, 201428 Comments

A crackdown on tax breaks for banks and tax avoidance by multinational firms…

Businesses hopeful Republican control of U.S. Congress will break tax-reform gridlock

Wednesday, November 5, 2014 8:58 amWednesday, November 5, 2014108 Comments

“Chief executives have been consistently pressing for change, especially in light of the corporate ‘inversions’…

Ireland’s Prime Minister: Apple has nothing to fear from end of ‘Double Irish’ tax avoidance strategy

Tuesday, November 4, 2014 3:28 pmTuesday, November 4, 20147 Comments

The end of the notorious corporate tax loophole known as the “Double Irish” will not deter

Apple says it may lose Irish tax break

Friday, October 31, 2014 9:59 amFriday, October 31, 201431 Comments

Apple says it is at risk of being hit with a higher tax rate…

Barclays: Changes to Irish tax law a ‘minor issue’ for Apple

Wednesday, October 15, 2014 11:55 amWednesday, October 15, 201417 Comments

Though Ireland is set to close its tax loopholes in January of next year…

Ireland to end tax lures that drew U.S. firms

Tuesday, October 14, 2014 2:37 pmTuesday, October 14, 201424 Comments

Finance Minister Michael Noonan declared that the tactic called the ‘Double Irish’ would be outlawed…

U.S. Democrats press for a crackdown against corporate tax deals

Thursday, July 17, 2014 9:28 amThursday, July 17, 201439 Comments

Washington is buzzing this summer about…

Rupert Murdoch criticizes excessive regulation, corporate tax policy for stymieing G20 growth

Thursday, July 17, 2014 9:09 amThursday, July 17, 201426 Comments

Media mogul Rupert Murdoch on Thursday criticized excessive financial regulation…

Ireland faces new questions over fruitful Apple tax deal

Monday, March 10, 2014 10:28 amMonday, March 10, 20149 Comments

The Irish position has consistently been…

Apple legally shifted some $8.9 billion in untaxed profits from Australia to Ireland since 2002, report claims

Thursday, March 6, 2014 4:10 pmThursday, March 6, 201434 Comments

US tech giant Apple has shifted an estimated $8.9 billion in untaxed profits…

Apple needs more cash

Saturday, February 15, 2014 9:06 am79 Comments

Chances are that you think Apple has more cash than…

Obama tax rhetoric on Apple, other companies’ offshore profits falls short of action

Wednesday, February 5, 2014 9:01 am44 Comments

Few in Washington expect much action from the White House…

New Zealand needs to take a bigger tax bite of Apple

Tuesday, February 4, 2014 5:02 pmTuesday, February 4, 201416 Comments

Like many, I have been watching the debate over the amount of tax paid by multinationals like Apple…

Can we please get this straight, Apple does not avoid U.S. corporate tax

Monday, November 25, 2013 4:31 pmMonday, November 25, 201329 Comments

Not even by the definitions of the groups campaigning to make corporates pay more in tax…

European Commission attempts to close corporate tax loophole

Monday, November 25, 2013 8:58 amMonday, November 25, 201321 Comments

The European Commission will attempt to close a loophole that allows companies…

John F. Kennedy, tax policy, and Apple Inc.

Friday, November 22, 2013 10:31 am47 Comments

With fourth-quarter GDP growth estimated at less than 2%…

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